TSM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Polymarket Perps against SunX−0.052%7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$265as in the Price arb table

costs, in and out, $10k−$2662.665% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.052%, 7d avg −0.070%

Together, before fees+0.121%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TSM-USDT	439.54	0	get 0.0000% / 8h	1h 41m	$2K	$4.1M	10x
Short	Polymarket Perps TSM-USD	439.31	0.0050	get 0.0006% / 1h	41m 34s	$192K	$63K	10x

Funding history

latest

Range statsloading…

Polymarket Perps against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee SunXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.052%Rate

Slippage from SunX: live order book, 7 min ago; Polymarket Perps: live order book, 65 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 7 min ago	45.25 bp	123.4 bp −$123	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 65 min ago	3.40 bp	7.4 bp −$7	8.1 bp −$81	10.1 bp −$1,014	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TSMUSDT	−0.0209%	8h	439.69	+0.034%	$1.7M	$1.5M	20x	as long as short
Aster TSMUSDT	0.0000%	8h	439.57	+0.006%	$82K	$2K	20x	as long as short
Bybit TSMUSDT	0.0000%	8h	439.37	−0.039%	$2.0M	$396K	50x	as long as short
OKX TSM-USDT-SWAP	0.0000%	8h	439.45	−0.020%	$4.0M	$2.6M	20x	as long as short
Gate TSM_USDT	0.0000%	8h	439.40	−0.032%	$1.7M	$1.1M	100x	as long as short
Variational Omni TSM	0.0000%	8h	439.56	+0.004%	$557K	$36K	—	as long as short
SunX TSM-USDTlong	0.0000%	8h	439.54	long leg	$2K	$4.1M	10x
HTX TSM-USDT	0.0000%	8h	439.22	−0.073%	$9K	$8K	20x	as long as short
Phemex TSMUSDT	0.0000%	8h	440.67	+0.257%	$1.5M	$514K	10x	as long as short
Lighter TSM	+0.0032%	1h	439.66	+0.027%	$495K	$137K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH TSM	+0.0032%	1h	439.47	−0.016%	$224K	$684K	10x	as long as short
Vest TSM-USD-PERP	+0.0046%	1h	439.20	−0.077%	—	$1K	25x	as long as short
Coinbase International TSM-PERP-INTX	+0.0048%	1h	439.33	−0.048%	$366K	$102K	10x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	439.10	−0.100%	$10.2M	$1.8M	10x	as long as short
Polymarket Perps TSM-USDshort	+0.0050%	1h	439.31	−0.052%	$192K	$63K	10x
SoDEX TSM-USD	+0.0050%	1h	439.14	−0.091%	$134	$3K	10x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	439.12	−0.096%	$157K	$27K	10x	as long as short
BloFin TSM-USDT	+0.0061%	8h	439.84	+0.068%	$45K	$105K	20x	as long as short
Extended TSM-USD	+0.0064%	1h	439.41	−0.031%	$3K	$181K	10x	as long as short
Binance TSMUSDT	+0.0067%	8h	439.50	−0.009%	$12.9M	$7.8M	20x	as long as short
GRVT TSM_USDT_Perp	+0.0072%	8h	439.77	+0.052%	$4K	$1.3M	10x	as long as short
KuCoin TSMUSDTM	+0.0100%	8h	439.27	−0.061%	$266K	$310K	20x	as long as short
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	439.48	−0.014%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	439.55	+0.003%	$123	—	10x	as long as short
Phoenix TSM	+0.0164%	1h	439.47	−0.016%	$214K	$5K	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	444.69	+1.172%	$6K	$38K	12x	as long as short
edgeX TSMUSDC	+0.0243%	4h	439.65	+0.024%	$47K	$217K	10x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0410%	1h	439.45	−0.020%	$4	$25K	10x	as long as short